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Caesars Entertainment Completes $185 Million Financing To Convert Bill's Gamblin' Hall & Saloon To A Boutique Lifestyle Hotel And Club

Investors are cautioned that forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified, and, consequently, the actual performance of Bill's Gamblin' Hall & Saloon and Caesars Entertainment may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors, as well as other factors described from time to time in the Company's reports filed with the Securities and Exchange Commission (including the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" contained therein): the impact of the Company's significant indebtedness; the effects of local and national economic, credit, and capital market conditions on the economy, in general, and on the gaming industry, in particular; the ability of the Company's customer-tracking, customer loyalty, and yield-management programs to continue to increase customer loyalty and same-store or hotel sales; access to available and reasonable financing on a timely basis; the ability of the Company's customer-tracking, customer loyalty, and yield-management programs to continue to increase customer loyalty and same-store or hotel sales; changes in laws, including increased tax rates, smoking bans, regulations or accounting standards, third-party relations and approvals, and decisions, disciplines, and fines of courts, regulators, and governmental bodies; the ability to recoup costs of capital investments through higher revenues; the effects of competition, including locations of competitors and operating and market competition; abnormal gaming holds ("gaming hold" is the amount of money that is retained by the casino from wagers by customers); construction factors, including delays, increased costs of labor and materials, availability of labor and materials, zoning issues, environmental restrictions, soil and water conditions, weather and other hazards, site access matters, and building permit issues; the effects of environmental and structural building conditions relating to the Company's properties; and acts of war or terrorist incidents, severe weather conditions, uprisings, or natural disasters.